#SANFRANCISCO — #German startup #Blackwave raised $6.6 million in a seed extension round to expand production of carbon fiber structures.
The Munich-based startup announced the investment round March 19 as well as plans to offer carbon fiber high-pressure tanks for launch vehicles, satellites and other space-related applications.
“We are more than happy to finally unveil what has been in the making for the last 18 months and what nobody has addressed so far: commercial-off-the-shelf pressure vessels for launchers and satellites that are lightweight, affordable and available within days,” Blackwaves CEO Bastian Behrens said in a statement.
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